xrp is closing with a good upward momentum. If it stays this way, tomorrow it could be touching its maximum resistance, and there are not few chances of breaking it, but now is an opportunity to take advantage of its short-term movement. I emphasize that I am not an economist nor do I give advice or suggestions on your movements; the crypto world is very versatile and can have very strong and sudden changes. I only share my point of view and my strategies.
With a trading strategy to secure profits, a take profit of 2.25 and a stop loss of 2.156 to minimize risk and losses.
The downward trendline seems to be challenged, which is a good sign for a long entry.
The price is within a consolidation zone, which increases the likelihood of a false breakout, which is why we enter a strategic position.
Traders, what do you suggest for my position in a x10 entry with a take profit of 605 to secure the position and a stop loss of 595.5 to minimize risks in case the trend changes abruptly due to selling pressure.
Or is this operation very rushed, and would it be better to wait for a breakout of the resistance first?
bro what do you intend. you trade with worthless assets, the only ones who win there are their creators who create the token and look for people like you to inject value and then they leave.
TRIPPLEH1981
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No. What the hell. If you buy it now, you'll be buying it cheaper than me.
Currently, BNB is trading near $600 USD. Recently, it has shown a breakout from a "bullish pennant" pattern on the 4-hour chart, suggesting positive momentum towards the $620–$625 range.
Additionally, price projections for May 2025 indicate that BNB could reach a maximum value of $676.31 USD, with an estimated average of $643.32 USD and a minimum of $610.33 USD.
However, it is important to note that BNB faces key resistances at the levels of $620 and $628. A clear breakout above these levels would be necessary to confirm a sustained bullish trend.
But nothing is guaranteed; the crypto market is very versatile, and if it breaks this resistance, new levels of resistance and support will be seen for $BNB
$XRP reaches the minimum support, it is at a point where its price must decide whether to break its maximum to continue its upward trend. but at the point it reaches now, it is in a position where it wants to break downwards and change to a downward trend.
I would tell you to hold and move your stop loss to 1500 because the market is currently taking out all short-term traders, but if you hold for the medium or long term.
MyLuna
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guys who suggest to me should I close or should I stay I'm trapped..#ETH
$SOL signals that it will soon be looking for its new resistance at 150, today it reached its maximum but still does not have the strength to break it. It is time, gentlemen, to see again a $SOL at 200 two $SOL
out of XRP everything is trash, you literally taught how to waste money, with that same amount I could have invested in Sol, BTC or ETH and right now you would have a good leverage
Victor Rabii
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my assets will I get something in this coming bullrun?
$SOL solana reaches its maximum resistance after almost a month of volatility. Will it be the boom we were looking for, and will it be the maximum it will reach $SOL by the end of the month #BinanceAlphaAlert #solana
yesterday and the day before yesterday $SOL showed an opportunity in its break of its maximum resistance, but its selling pressure has caused it to return to its minimum resistance and is about to break it and change its trend to a bearish one, or are we preparing for a huge bounce to its next maximum point at 160 $ ??#SolanaSurge